Exxaro Completes R10.6 Billion Acquisition of Select Manganese Assets from Ntsimbintle and OMH

Reuters
03/02
Exxaro Completes R10.6 Billion Acquisition of Select Manganese Assets from Ntsimbintle and OMH

Exxaro Resources has completed the acquisition of selected manganese assets from Ntsimbintle Holdings and OMH (Mauritius) Corp, closing the First Sale and OMH transactions on 27 February 2026. The company paid R10.6 billion in cash from existing resources and now holds 100% of Ntsimbintle Mining and Ntsimbintle Marketing, 19.99% of Jupiter, and 9% of Hotazel, giving it an effective interest in the Tshipi Borwa manganese mine. Exxaro said the separate Mokala sale remains subject to outstanding conditions, with a long stop date of 27 February 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exxaro Resources Ltd. published the original content used to generate this news brief via the SENS service, an information dissemination service administered by the JSE Limited ("JSE") (Ref. ID: S517760), on March 02, 2026, and is solely responsible for the information contained therein.

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